What is the meaning of the term stagflation?

A ) Fall in prices due to less circulation of currency

B ) Fall in employment due to declining production

C ) High inflation rate combined with high unemployment and uncharged consumer demand ✅

D ) None of these

Related Questions
  1. The price system ensures
  2. The group of people who benefits from inflation is
  3. Real wages include
  4. Which of the following is correct?
  5. A Balance Sheet is usually prepared at the end of a
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